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Five-Unit Apartment Building
For Sale
$1,525,000

320 Lime St, Inglewood, CA 90301

Residential Income, Mid-Century, Inglewood, CA

Property Size5,952 SF
Lot Size0.18 Acres
Price / SF$256.22
Days on Market112

Property Features for 320 Lime St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning INR3YY
Bedrooms 11
Bathrooms 9
Full bathrooms 9
Rooms Bedroom 5, Bedroom 9, Bedroom 6, Bedroom 1, Bedroom 4, Bedroom 2, Bedroom 10, Bathroom 7, Bathroom 6, Den, Bathroom 4, Bathroom 3, Bedroom 3, Bathroom 5, Bathroom 1, Bedroom 8, Bedroom 11, Bathroom 2, Bathroom 9, Bathroom 8, Laundry Room, Bedroom 7
Parking features Carport, Garage
Window features Double Pane Windows
Interior features 220V Throughout, Common Walls, Built-Ins, Drywall Walls, Living Room Balcony
Fireplace 1
Appliances Built-In Electric, Cooktop - Electric, Electric, Oven-Electric, Gas/Electric Range
Lot features Curbs, Front Yard
Elementary school district Inglewood Unified
Middle school district Inglewood Unified
High school district Inglewood Unified
Directions Take Manchester Blvd to Inglewood Ave turn south, go 3 blocks to Lime St turn east, go to middle of block, subject building on south side of street.
Subdivision North Inglewood
Standard status Active
APN 4020-013-004
Size 5,952 SF
Lot size 0.18 Acres

Utilities

Heating system Forced Air
Cooling system Central Air, Electric

Amenities

fireplaces
balconies

Building Details

Year built 1963
Floors in Building 2
Number of units 5
Flooring type Laminate, Tile - Ceramic, Carpet
Roof type Flat
Architectural style Other
Listing Agency: Realty Executives Westside · Realty Executives International
Listed By: Eugene Anthony · License #00634953
Added: Jun 25 Changed: Oct 8 Last Checked: Oct 14 at 2:06AM
MLS# 26858415

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1963, this 5,952-square-foot apartment building contains five units: one three-bedroom residence with a den, one three-bedroom residence, two two-bedroom residences, and one one-bedroom residence. The two three-bedroom units include fireplaces and balconies. The property has forced-air heating, central air, electric service, copper plumbing, dual-pane windows, updated electrical panels, and a 100-gallon water heater. Additional features include a laundry room, garage and carport parking, ceramic tile, laminate, and carpet flooring, plus a flat roof installed approximately three years ago.

The property is located in Inglewood near SoFi Stadium, Kia Forum, Hollywood Park Casino, and Intuit Dome. The surrounding area includes restaurants and other neighborhood amenities. The building is offered individually and is also part of a three-property apartment package.

Key Highlights

  • Five‑unit mix includes one 3‑bedroom with den, one 3‑bedroom, two 2‑bedrooms, and one 1‑bedroom
  • 5,952‑square‑foot apartment building on 0.1809 acres
  • Two 3‑bedroom units feature fireplaces and balconies

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$73,726
Cap Rate
4.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,474,520 $1.5M
Cap Rate 7%
$1,053,229 $1.1M
Cap Rate 9%
$819,178 $819.2K
Market Conditions
NOI Build-Up for 5,952 SF
Gross rent
$135.0K $22.68/SF
− Vacancy
−$945 −$0.16/SF
EGI
$134.0K $22.52/SF
− OpEx
−$60.3K −$10.13/SF
NOI
$73.7K $12.39/SF
Area
Inglewood, CA
Vacancy
0.70%
Lease Rate
$22.68 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,474,520
Cap Rate 7%
$1,053,229
Cap Rate 9%
$819,178

Alternative Uses

Best Use
Apartment 5plus
$1.05M
$921.6K – $1.23M (±1% cap)
NOI $73,726 @ 7.0% cap · market cap 4.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.43M
$2.12M – $2.83M (±1% cap)
NOI $169,989 @ 7.0% cap · market cap 11.15%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Veterinary Clinic Nursing Home (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Fish Market Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

2,516
Businesses Nearby

Demographics for 90301, CA

36,270
Population
12,884
Households
2.8
Avg Household Size
37
Median Age
20%
College-Educated
73%
High-School Grad
2.5 sq mi
ZIP Area
14,508
Density / Sq Mi
$62,991
Median Household Income
$33,884
Median Earnings
$1,658
Median Rent
$698,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Mid-century Inglewood property with varied unit layouts, balconies, fireplaces, updated systems, and proximity to major entertainment venues.
Where is this apartment building located?
The property is located at 320 Lime St Inglewood, CA.
What is the asking price?
The asking price for this property is $1,525,000.
What are key features of this property?
This property features: Five‑unit mix includes one 3‑bedroom with den, one 3‑bedroom, two 2‑bedrooms, and one 1‑bedroom; 5,952‑square‑foot apartment building on 0.1809 acres; Two 3‑bedroom units feature fireplaces and balconies
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